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Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were supporting strong cash inflows.
Global coal prices have been touching near record highs, following fears of a supply crunch due to Western sanctions on Russia, the world’s third-largest exporter of coal, due to the Ukraine crisis.
The planned prepayment is part of the miner’s repayment towards its syndicated facility and its related-party loans, Yancoal said in a statement, leaving the miner with a $333 million syndicated term loan as its only remaining payable debt.
Of this, $301 million is due in the second half of 2024 and $32 million is due in the second half of 2026.
“Yancoal’s scale of production provides substantial cash inflows during periods of elevated coal prices, and the decision to undertake yet another debt prepayment was made possible by the recent coal price,” Yancoal Chief Executive Officer David Moult said.
Combined with debt prepayments in October 2021, July 2022 and October 2022, the planned $459 million debt prepayment will result in the miner having prepaid over $2.75 billion of debt in the last 15 months, the company said.
Source: Reuters
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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices hi ...
Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
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- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Australian Coal Association
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- PTC India Limited - India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Posco Energy - South Korea
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
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